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Acwa
Wind Farm
Masdar, ACWA, and Socar Eye 3.5 GW of Wind Projects Offshore Azerbaijan
Abu Dhabi-based Masdar, Saudi Arabia’s ACWA Power, and the State Oil Company of the Republic of Azerbaijan (SOCAR) have teamed up to explore the developme…
Decarbonization
ACWA Power Signs $1.7bn Finance And Energy Deals
Saudi utility firm ACWA Power is set to increase its capital by SR7.13 billion ($1.89 billion) as part of its strategy to triple assets under management by 2030…
Solar Cell
Chinese PV Industry Brief: Tongwei Secures 1.17 GW Order in Saudi Arabia
Image: Tongwei SolarTongwei has landed a 1.17 GW solar panel order for Saudi Arabia’s Muwahy project, led by ACWA Power.Tongwei has signed a supply agreem…
Solar Power Plant
ACWA Power Secures $2.6 Billion for 5.5 GW of Solar in Saudi Arabia
Image: Chirayu Trivedi, UnsplashACWA Power has landed SAR 9.7 billion ($2.6 billion) from a consortium of local, regional and international banks for the develo…
Wind Farm
ACWA Begins Work on 200MW Wind Farm and 100MW BESS in Karakalpakstan
The project is set to achieve commercial operation by the fourth quarter of 2026. Credit: hrui / Shutterstock.Acwa Power has broken ground for the 200MW Beruniy…
Photovoltaic (PV)
ACWA Power Commissions 700 MW Photovoltaic Plant in Saudi Arabia
The plant has begun power generation after receiving a commercial operations certificate from its off-taker, the company stated on Tadawul.In 2022, ACWA Power s…
India
ACWA Power Signs Agreement for Indonesia’s First Floating Photovoltaic Project
ACWA Power has signed a power purchase agreement with Indonesian state-owned company PT Perusahaan Listrik Negara for its inaugural floating solar PV project in…
Photovoltaic (PV)
SPPC Signs PPAs for 5.5 GW Solar Photovoltaic Projects in Saudi Arabia
The PPAs have been signed with a consortium comprising Acwa Power, Badeel and Aramco Power.The Saudi Power Procurement Company (SPPC) has signed power purchase …
Hydrogen Project
ACWA Power and SINOPEC Forge Hydrogen and Ammonia Ties
ACWA Power, a Saudi developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, has signed a memorandum of und…
Photovoltaic (PV)
ACWA Power Gets Commercial Operation Certificate for 300 MW Photovoltaic Solar Project
Acwa Power, a leading Saudi developer of power and desalination projects, has announced that the project company for Shuaa Energy 3 plant in Dubai has obtained …
Offshore Wind Power
ACWA Power Signs $4.85 Bln Deal for Central Asia's Largest Wind Power Plant
ACWA Power signed a Power Purchase Agreement (PPA) with the National Electric Grid of Uzbekistan for Central Asia’s largest wind farm — the Aral 5GW Wind…
Offshore Wind Power
ACWA Power Signs PPA for 200-MW Wind, BESS cheme in Uzbekistan
Saudi Arabia’s ACWA Power Co (TADAWUL:2082) has signed a power purchase agreement (PPA) that supports the establishment of the 200-MW Nukus2 wind farm wit…
Solar Power Plant
Breakdown at Saudi Solar Plant in Morocco Costs Firm $47 Million
Saudi Arabian renewable energy utility ACWA Power International on Sunday reported a storage breakdown at one of the solar plants it operates in Morocco that wi…
Green Hydrogen
ACWA Power Allies With Longi for Its Green Hydrogen Project in Uzbekistan
ACWA Power, a developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, and LONGi Hydrogen, a green hydrogen…
Solar Power Plant
ACWA Power Plans to Attract Loan From EBRD to Implement Project in Uzbekistan
ACWA Power from Saudi Arabia has expressed its intention to attract loan funds from the European Bank for Reconstruction and Development (EBRD) to implement a r…
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